
Palace Court, Sandylands Promenade - an apartmwnt with sea views

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
721 sq ft
67 sq m
Key features
- A 2 bed apartment which is being sold as an investment property
- Over-55s development offered with no onward chain
- Immediate gross rental income of £8,400 per annum | Long standing tenant
- Panoramic views across Morecambe Bay
- Private balcony for enjoying the coastal outlook
- Spacious open-plan living and dining room
- Two double bedrooms with fitted wardrobes
- Private garage with internal lift access
Description
The Location
Sandylands Promenade is made for those who enjoy life beside the sea. Step outside and the promenade is directly opposite, offering level coastal walks, fresh sea air and far-reaching views across Morecambe Bay towards the Lakeland fells. Heysham Village and Morecambe town centre are both within easy reach, providing a choice of shops, cafés, restaurants and everyday amenities. Regular bus services connect the surrounding area with Lancaster, while nearby road links make travelling further afield straightforward. Popular with those seeking a more relaxed pace of life, this coastal setting combines a strong sense of community with one of the area’s most memorable outlooks. Whether walking along the shoreline or simply watching the light change across the water, the bay becomes part of everyday life.
The Property
For an investor seeking immediate income in a standout coastal setting, this two-bedroom first-floor apartment offers an established tenancy, a private balcony and panoramic views across Morecambe Bay.
The apartment forms part of a popular development for residents aged over 55 and is sold with a long-standing tenant in situ. Having occupied the property for approximately 14 years, the tenant currently pays £700 per calendar month, generating a gross annual rental income of £8,400.
Lift access leads from the communal entrance to the first floor, where the apartment opens into a hallway with a walk-in storage cupboard. The main living and dining room is bright and generously proportioned, with sliding glazed doors drawing attention towards the bay. Step onto the private balcony and the appeal becomes clear: this is a place to sit with a morning coffee, enjoy the coastal air and watch the changing weather and sunsets over the water.
The adjoining kitchen also enjoys a sea-facing outlook. White gloss cabinetry provides plenty of storage, complemented by an integrated fridge and freezer, an electric oven, gas hob, washing machine and space for informal dining.
Both bedrooms are comfortable doubles with fitted wardrobes, offering useful storage without reducing the available floor space. A shower room completes the accommodation, fitted with a thermostatic shower, washbasin, WC and heated towel rail.
The apartment also has a private garage within the lower basement level. It can be reached internally by lift as well as from outside, providing secure and practical parking. Offered with no onward chain, this is a ready-made investment with an established income and an exceptional waterfront position.
Material Information
Leasehold apartment with a share of the freehold.
Original 999-year lease from February 1984 to February 2983, with approximately 957 years remaining.
Service and maintenance charge: £400 every six months.
Ground rent: none payable.
Council Tax Band C; the source listing states an annual charge of £2,225.
Sold with a tenant in situ paying £700 per calendar month, producing a gross annual rental income of £8,400.
Gas central heating, double glazing, lift access and a private basement garage.
Parking - Garage
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Palace Court, Sandylands Promenade - an apartmwnt with sea views
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Visit our security centre to find out moreDisclaimer - Property reference cb58509d-00a8-4167-b933-84340330b172. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JD Gallagher Estate Agents, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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